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Glashütte Original
Glashütte Original is a German producer of luxury watches founded in 1994 by the privatization of VEB Glashütter Uhrenbetriebe (GUB), an East German conglomerate formed in 1951 from the watch companies based in Glashütte. Glashütte Original uses its own movements, and has 10 proprietary movement innovations. Glashütte Original is currently owned by The Swatch Group. History Origins Glashütte Original has roots dating back to 1845 when watchmakers Ferdinand Adolph Lange (of A. Lange & Söhne fame), Moritz Grossman, Julius Assmann, and Adolf Schneider came to Glashütte to manufacture watch parts and pocket watches. They chose this area for its proximity to Dresden's already established clockwork fame. The work of these founders led to innovations that became signature components of Glashütte watchmaking and are still continued today, such as the Glashütte three-quarter plate, gold lever wheels, and chatons, all developed in 1865 and all increase timekeeping precision. ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Tutima
Tutima Uhrenfabrik GmbH Ndl. Glashütte is a German watchmaker established in 1927 in Glashütte, Saxony. Their products include analog chronographs of high precision, including pilot's watches (''Fliegerchronograph''), which are standard military equipment of NATO and Luftwaffe pilots. Tutima has five product lines made in Glashütte: Patria, M2, Saxon One, Grand Flieger, and Sky. Tutima Germany is registered with HRB 140173 at Amtsgericht Delmenhorst and is a member of Industrie und Handelskammer Oldenburg. The brand Tutima has been registered since 7 April 1970.Deutsches Patentamt, No. 867903 Tutima USA, Inc., an independent company, is based in Torrance, California. See also *List of German watch manufacturers *Glashütte Original Glashütte Original is a German producer of luxury watches founded in 1994 by the privatization of VEB Glashütter Uhrenbetriebe (GUB), an East German conglomerate formed in 1951 from the watch companies based in Glashütte. Glashütte Or ...
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Watch Manufacturing Companies Of Germany
A watch is a portable timepiece intended to be carried or worn by a person. It is designed to keep a consistent movement despite the motions caused by the person's activities. A wristwatch is designed to be worn around the wrist, attached by a watch strap or other type of bracelet, including metal bands, leather straps or any other kind of bracelet. A pocket watch is designed for a person to carry in a pocket, often attached to a chain. Watches were developed in the 17th century from spring-powered clocks, which appeared as early as the 14th century. During most of its history the watch was a mechanical device, driven by clockwork, powered by winding a mainspring, and keeping time with an oscillating balance wheel. These are called ''mechanical watches''. In the 1960s the electronic ''quartz watch'' was invented, which was powered by a battery and kept time with a vibrating quartz crystal. By the 1980s the quartz watch had taken over most of the market from the mechani ...
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Companies Established In 1845
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Mühle Glashütte
Mühle-Glashütte GmbH nautische Instrumente und Feinmechanik (nautical instruments and precision engineering) is a German maker of nautical instruments, ship's timepieces and wristwatches, based in Glashütte, Saxony, founded in 1994, and refounded in 2007 following bankruptcy. Family and business history Mühle-Glashütte S.A. was founded in 1994 by Hans-Jürgen Mühle, father of the current CEO Thilo Mühle. The Mühle family has more than 140-year history of instrument-making craft in and around the area of Glashütte. The roots of the family business date back five generations - from the year 1869, when Robert Mühle founded his own company in Glashütte, manufacturing precision measuring instruments for the local watch industry and watchmaker school. 1869-1921: Robert Mühle Robert Mühle was born in 1841 in Lauenstein and completed a training as toolmaker at the watch manufacturer Moritz Grossmann. In 1869 he founded his own company in Glashütte. He manufactured pre ...
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Nomos Glashütte
NOMOS Glashütte is a German watchmaking company based in Glashütte, Saxony, which specializes in artisan manual-winding and automatic mechanical watches. It was founded by Roland Schwertner in January 1990, two months after the fall of the Berlin Wall. The designs for the first collection were drawn up by Susanne Günther, drawing influence from the Bauhaus purist style. NOMOS designs are known for their clean and modernist aesthetic. NOMOS Glashütte is a member of the Deutscher Werkbund, a predecessor of the Bauhaus movement and a group that represents the interests of companies that combine handcraft with industrial production, and design with functionality. The management team is made up of CEO Uwe Ahrendt, a graduate engineer and responsible for production; Judith Borowski, heading up communications and design in Berlin; and Roland Schwertner, who continues to be in charge of sales. History In 1990, Roland Schwertner, an IT expert and photographer from Düsseldorf, regis ...
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List Of German Watch Manufacturers
This is a list of watch manufacturers based in Germany. Note that manufacturers that are named after the founder are sorted by surname Entries with an article should also be suitable for inclusion in :Watch manufacturing companies of Germany. Entries which do not yet have an article may be removed if not justified for inclusion with a reliable, independent source and inline citation. A * Archimede * Aristo-Vollmer GmbH * Askania B * Jochen BenzingerBraun, Peter (2014), ''Wristwatch Annual 2015''. Abbeville Press. * Bethge & Söhne * Botta Design * Rainer Brand *Martin Braun D * Damasko * Dekla * Dievas * D. Dornblüth & Sohn * Dugena G * Glashütte Original * Grieb & Benzinger * Moritz Grossmann * Guinand H * Haller Uhrenfabrik GmbH * Hanhart * Hentschel Hamburg J * Junghans * Junkers K * Kienzle Uhren * Kudoke L * Laco * Lang & Heyne * A. Lange & Söhne * Lehmann * Lilienthal * Limes M * Daniel Malchert * MeisterSinger * Mont ...
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Umlaut (diacritic)
The umlaut () is the diacritical mark used to indicate in writing (as part of the letters , , and ) the result of the historical sound shift due to which former back vowels are now pronounced as front vowels (for example , , and as , , and ). (The term ermanicumlaut is also used for the underlying historical sound shift process.) In its contemporary printed form, the mark consists of two dots placed over the letter to represent the changed vowel sound. It looks identical to the diaeresis mark used in other European languages and is represented by the same Unicode code point. The word '' trema'' (french: tréma), used in linguistics and also classical scholarship, describes the form of both the umlaut diacritic and the diaeresis rather than their function and can therefore be used to refer to both. German origin and current usage (literally "changed sound") is the German name of the sound shift phenomenon also known as ''i-mutation''. In German, this term is also used ...
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Tourbillon
In horology, a tourbillon (; "whirlwind") is an addition to the mechanics of a watch escapement to increase accuracy. It was developed around 1795 and patented by the Swiss-French watchmaker Abraham-Louis Breguet on June 26, 1801. In a tourbillon the escapement and balance wheel are mounted in a rotating cage, with the goal of eliminating errors of poise in the balance giving a uniform weight. Tourbillons are still included in some modern wristwatches, the mechanism is usually exposed on the watch's face to showcase it. Types of tourbillon Single axis tourbillon Patented by Breguet in 1801, the single axis tourbillon minimizes the difference in rate between positions caused by poise errors. The tourbillon was invented to complement the split bi-metallic balance which was inherently difficult to poise. In the most common implementation of this, the tourbillon carriage is carried by the fourth pinion, within a stationary fourth wheel. The escape pinion is engaged with this ...
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Swatch Group
The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 by the merger of ASUAG and SSIH to move to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry. The Swatch Group is the world's largest watch company and employs about 36,000 people in 50 countries. The group owns the Swatch product line and other brands, including Blancpain, Breguet, Certina, ETA, Glashütte Original, Hamilton, Harry Winston, Longines, Mido, Omega, Rado, and Tissot. History SSIH SSIH (Société Suisse pour l'Industrie Horlogère), originated in 1930 with the merger of the Omega and Tissot companies. Swiss watch quality was high, but new technology, such as the Hamilton Electric watch introduced in 1957 and the Bulova Accutron tuning fork watch in 1961, presaged increasing technological competition. In the late 1970s, SSIH became insolvent due in part to a recession and in part to heav ...
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Market Economics
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production. Market economies range from minimally regulated free-market and ''laissez-faire'' systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in serving special interests and promoting social welfare. State intervention can happen at the production, distribution, trade and consumption areas in the economy. The distribution of basic need services and goods like health care may be ...
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